The historical rank and industry rank for Innovative Industrial Properties's Net Margin % or its related term are showing as below:
LTS:0JBD'
s Net Margin % Range Over the Past 10 Years
Min: -1368.22 Med: 52.48 Max: 56.23
Current: 45.58
LTS:0JBD's Net Margin % is ranked better than 50.48% of 933
companies
in the REITs industry
Industry Median: 45.13
vs LTS:0JBD: 45.58
Innovative Industrial Properties (LTS:0JBD) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Innovative Industrial Properties Net Margin % Related Terms
Innovative Industrial Properties Net Margin % Historical Data
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Innovative Industrial Properties Net Margin % Chart
LTS:0JBD vs SMA, ILPT, LXP: Net Margin % Comparison
For the REIT - Industrial subindustry, Innovative Industrial Properties's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Innovative Industrial Properties Net Margin % vs REITs Industry
For the REITs industry and Real Estate sector, Innovative Industrial Properties's Net Margin % distribution charts can be found below:
* The bar in red indicates where Innovative Industrial Properties's Net Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
Innovative Industrial Properties (LTS:0JBD) has a Net Margin % of 47.55% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Innovative Industrial Properties and its competitors. This is near median its historical median of 52.48. According to the industry distribution chart, Innovative Industrial Properties ranks #462 out of 933 companies in the REITs industry, placing it in the top 49.5%.
Is Innovative Industrial Properties' Net Margin % too high?
Innovative Industrial Properties' current Net Margin % of 47.55% is near median its 10-year median of 52.48. The REITs industry median Net Margin % is 45.13. Innovative Industrial Properties' value of 47.55% is 5.4% above this industry median. Based on the distribution chart, Innovative Industrial Properties ranks #462 out of 933 companies in the REITs industry, which is above the industry midpoint. Overall, Innovative Industrial Properties has a GF Score™ of 77/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Innovative Industrial Properties' Net Margin % compare to SMA and ILPT?
According to the REITs industry distribution chart, Innovative Industrial Properties ranks #462 out of 933 companies for Net Margin %. This puts Innovative Industrial Properties in the upper half of its industry. The industry median Net Margin % is 45.13. Innovative Industrial Properties' value of 47.55% is 5.4% above this benchmark. While the company's 10-year median is 52.48 vs. the industry median of 45.13, Innovative Industrial Properties has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a REITs company?
The median Net Margin % among REITs companies is 45.13, based on 933 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Innovative Industrial Properties's current Net Margin % of 47.55% is 5.4% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Innovative Industrial Properties and its competitors. For the REITs industry, the median Net Margin % is 45.13 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Innovative Industrial Properties's current Net Margin % is 47.55%, which is near median its own 10-year median of 52.48. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Innovative Industrial Properties stock overvalued right now?
Based on GuruFocus' analysis, Innovative Industrial Properties (LTS:0JBD) is currently considered Fairly Valued. The stock's GF Value™ is $64.05, compared to a current price of $62.30 — trading 2.7% below its estimated fair value. The current Net Margin % is 47.55%, which is near median its 10-year median of 52.48 and 5.4% above the REITs industry median of 45.13. Innovative Industrial Properties' overall GF Score™ is 77/100 with 12 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Innovative Industrial Properties (LTS:0JBD), the current Net Margin % is 47.55% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Innovative Industrial Properties (LTS:0JBD) Overvalued in 2026?
Based on GuruFocus' analysis, Innovative Industrial Properties stock appears to be undervalued.
The current stock price of $62.30 is trading 2.7% below its estimated GF Value™ of $64.05.
GuruFocus considers Innovative Industrial Properties to be Fairly Valued.
Key valuation signals for LTS:0JBD:
Net Margin %: 47.55% (near median its 10-year median of 52.48)
GF Value™: $64.05 vs. price of $62.30 (2.7% below fair value)
Industry Position: 5.4% above the REITs median (#462 of 933)
No single metric tells the full story. See the LTS:0JBD stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Innovative Industrial Properties Business Description
Innovative Industrial Properties Inc is a real estate investment trust focused on the acquisition, ownership and management of specialized industrial and commercial properties in the United States. Its properties are prominently leased to state-licensed operators for their regulated cannabis facilities. The company conducts its business through a traditional umbrella partnership real estate investment trust, or UPREIT structure, in which properties are owned by its Operating Partnership, directly or through subsidiaries. Its segments are: Cannabis Portfolio and Life Science Portfolio, with the majority of revenue coming from the Cannabis Portfolio segment, which involves acquiring, developing, and leasing real estate to regulated cannabis operators on long-term triple-net leases.
77GF Score
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